Common use of Effect of Settlement Clause in Contracts

Effect of Settlement. To the fullest extent permitted by law, settlement of any Proceeding without any finding of responsibility, wrongdoing or guilt on the part of Indemnitee with respect to claims asserted in such Proceeding shall constitute a conclusive determination that Indemnitee is entitled to indemnification hereunder with respect to such Proceeding.

Appears in 30 contracts

Samples: Indemnification Agreement (Clearwater Analytics Holdings, Inc.), Indemnification Agreement (CCC Intelligent Solutions Holdings Inc.), Director and Officer Indemnification Agreement (Torrid Holdings Inc.)

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Effect of Settlement. To the fullest greatest extent permitted by law, settlement of any Proceeding without any finding of responsibility, wrongdoing or guilt on the part of the Indemnitee with respect to claims asserted in such Proceeding shall constitute a conclusive determination that Indemnitee is entitled to indemnification hereunder with respect to such Proceeding.

Appears in 13 contracts

Samples: Director Indemnification Agreement (KLDiscovery Inc.), Indemnification Agreement (Container Store Group, Inc.), Indemnification Agreement (Container Store Group, Inc.)

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Effect of Settlement. To the fullest extent permitted by lawapplicable law [(including Jersey Law)], settlement of any Proceeding without any finding of responsibility, wrongdoing or guilt on the part of Indemnitee with respect to claims asserted in such Proceeding shall constitute a conclusive determination that Indemnitee is entitled to indemnification hereunder with respect to such Proceeding.

Appears in 1 contract

Samples: Indemnification Agreement (Birkenstock Holding LTD)

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